IDEAS home Printed from https://ideas.repec.org/a/kap/transp/v45y2018i2d10.1007_s11116-016-9745-z.html
   My bibliography  Save this article

Are we ready to embrace connected and self-driving vehicles? A case study of Texans

Author

Listed:
  • Prateek Bansal

    (The University of Texas at Austin)

  • Kara M. Kockelman

    (The University of Texas at Austin)

Abstract

While connected, highly automated, and autonomous vehicles (CAVs) will eventually hit the roads, their success and market penetration rates depend largely on public opinions regarding benefits, concerns, and adoption of these technologies. Additionally, the introduction of these technologies is accompanied by uncertainties in their effects on the carsharing market and land use patterns, and raises the need for tolling policies to appease the travel demand induced due to the increased convenience. To these ends, this study surveyed 1088 respondents across Texas to understand their opinions about smart vehicle technologies and related decisions. The key summary statistics indicate that Texans are willing to pay (WTP) $2910, $4607, $7589, and $127 for Level 2, Level 3, and Level 4 automation and connectivity, respectively, on average. Moreover, affordability and equipment failure are Texans’ top two concerns regarding AVs. This study also estimates interval regression and ordered probit models to understand the multivariate correlation between explanatory variables, such as demographics, built-environment attributes, travel patterns, and crash histories, and response variables, including willingness to pay for CAV technologies, adoption rates of shared AVs at different pricing points, home location shift decisions, adoption timing of automation technologies, and opinions about various tolling policies. The practically significant relationships indicate that more experienced licensed drivers and older people associate lower WTP values with all new vehicle technologies. Such parameter estimates help not only in forecasting long-term adoption of CAV technologies, but also help transportation planners in understanding the characteristics of regions with high or low future-year CAV adoption levels, and subsequently, develop smart strategies in respective regions.

Suggested Citation

  • Prateek Bansal & Kara M. Kockelman, 2018. "Are we ready to embrace connected and self-driving vehicles? A case study of Texans," Transportation, Springer, vol. 45(2), pages 641-675, March.
  • Handle: RePEc:kap:transp:v:45:y:2018:i:2:d:10.1007_s11116-016-9745-z
    DOI: 10.1007/s11116-016-9745-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11116-016-9745-z
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s11116-016-9745-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. repec:cdl:itsrrp:qt23r1h80t is not listed on IDEAS
    2. Gulipalli, Pradeep K. & Kockelman, Kara M., 2008. "Credit-based congestion pricing: A Dallas-Fort Worth application," Transport Policy, Elsevier, vol. 15(1), pages 23-32, January.
    3. Chen, T. Donna & Kockelman, Kara M. & Hanna, Josiah P., 2016. "Operations of a shared, autonomous, electric vehicle fleet: Implications of vehicle & charging infrastructure decisions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 243-254.
    4. J. Scott Long & Jeremy Freese, 2006. "Regression Models for Categorical Dependent Variables using Stata, 2nd Edition," Stata Press books, StataCorp LLC, edition 2, number long2, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jinsuk Yang & Qing Hao & Mahmut Yaşar, 2023. "Institutional investors and cross‐border mergers and acquisitions: The 2000–2018 period," International Review of Finance, International Review of Finance Ltd., vol. 23(3), pages 553-583, September.
    2. Clara Berridge & Yuanjin Zhou & Julie M. Robillard & Jeffrey Kaye, 2023. "AI Companion Robot Data Sharing: Preferences of an Online Cohort and Policy Implications," Journal of Elder Policy, John Wiley & Sons, vol. 2(3), pages 19-54, June.
    3. Dixon, Huw D. & Grimme, Christian, 2022. "State-dependent or time-dependent pricing? New evidence from a monthly firm-level survey: 1980–2017," European Economic Review, Elsevier, vol. 150(C).
    4. Melanie Lefevre, 2011. "Willingness-to-pay for Local Milk-based Dairy Product in Senegal," CREPP Working Papers 1108, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
    5. Erik Stam & Roy Thurik & Peter van der Zwan, 2010. "Entrepreneurial exit in real and imagined markets," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(4), pages 1109-1139, August.
    6. Miriam Marcén & Marina Morales, 2019. "Live together: does culture matter?," Review of Economics of the Household, Springer, vol. 17(2), pages 671-713, June.
    7. Bruno Amable, 2009. "The Differentiation of Social Demands in Europe. The Social Basis of the European Models of Capitalism," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 91(3), pages 391-426, May.
    8. Altorjai, Szilvia, 2013. "Over-qualification of immigrants in the UK," ISER Working Paper Series 2013-11, Institute for Social and Economic Research.
    9. Michelsen, Carl Christian & Madlener, Reinhard, 2016. "Switching from fossil fuel to renewables in residential heating systems: An empirical study of homeowners' decisions in Germany," Energy Policy, Elsevier, vol. 89(C), pages 95-105.
    10. Rolando Rubilar-Torrealba & Karime Chahuán-Jiménez & Hanns de la Fuente-Mella & Mercedes Marzo-Navarro, 2022. "Econometric Modeling to Measure the Social and Economic Factors in the Success of Entrepreneurship," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
    11. Susanne Meyer & Javier Revilla Diez, 2015. "One country, two systems: How regional institutions shape governance modes in the greater Pearl River Delta, China," Papers in Regional Science, Wiley Blackwell, vol. 94(4), pages 891-900, November.
    12. Bornmann, Lutz & Leydesdorff, Loet & Wang, Jian, 2014. "How to improve the prediction based on citation impact percentiles for years shortly after the publication date?," Journal of Informetrics, Elsevier, vol. 8(1), pages 175-180.
    13. Battke, Benedikt & Schmidt, Tobias S. & Stollenwerk, Stephan & Hoffmann, Volker H., 2016. "Internal or external spillovers—Which kind of knowledge is more likely to flow within or across technologies," Research Policy, Elsevier, vol. 45(1), pages 27-41.
    14. Kelly Sharp & Hisham Zerriffi & Philippe Billon, 2020. "Land scarcity, resettlement and food security: Assessing the effect of voluntary resettlement on diet quality in Malawi," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(1), pages 191-205, February.
    15. Charlie Tchinda & Marcus Dejardin, 2021. "Are Business Policy Measures in Response to the COVID-19 Pandemic to Be Equally Valued? An Exploration According to SMEs Owners’ Business Expectations," Sustainability, MDPI, vol. 13(21), pages 1-42, October.
    16. Ryan J. Owens, 2010. "The Separation of Powers and Supreme Court Agenda Setting," American Journal of Political Science, John Wiley & Sons, vol. 54(2), pages 412-427, April.
    17. Carlos García-Serrano & Virginia Hernanz & Luis Toharia, 2010. "Mind the Gap, Please! The Effect of Temporary Help Agencies on the Consequences of Work Accidents," Journal of Labor Research, Springer, vol. 31(2), pages 162-182, June.
    18. Lee, Richard J. & Sener, Ipek N. & Mokhtarian, Patricia L. & Handy, Susan L., 2017. "Relationships between the online and in-store shopping frequency of Davis, California residents," Transportation Research Part A: Policy and Practice, Elsevier, vol. 100(C), pages 40-52.
    19. Liping Wang & Xiufeng Sun & Junru Yan & Meiru Xie & Hua Qin, 2025. "Quantitative Assessment of Age-Friendly Design in Mountainous Urban Community Parks Based on Nonlinear Models: An Empirical Study in Chongqing, China," Land, MDPI, vol. 14(4), pages 1-27, April.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:transp:v:45:y:2018:i:2:d:10.1007_s11116-016-9745-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.